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Boxer RetailJSE:BOX -2.37%18 Return-on-Tangible-Asset is 15.01% as of Feb. 2026, which is 33% above its 10-year median of 11.26. GuruFocus rates JSE:BOX with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,134 Retail - Cyclical companies, Boxer Retail ranks better than 85.71% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Boxer Retail's annualizedNet Income for the quarter that ended in Feb. 2026 was R2,108 Mil. Boxer Retail's average total tangible assets for the quarter that ended in Feb. 2026 was R14,047 Mil. Therefore, Boxer Retail's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 15.01%.
The historical rank and industry rank for Boxer Retail's Return-on-Tangible-Asset or its related term are showing as below:
JSE:BOX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.34 Med: 11.26 Max: 12.13
Current: 11.53
During the past 5 years, Boxer Retail's highest Return-on-Tangible-Asset was 12.13%. The lowest was 9.34%. And the median was 11.26%.
JSE:BOX's Return-on-Tangible-Asset is ranked better than 85.71% of 1134
companies
in the Retail - Cyclical industry
Industry Median: 2.93
vs JSE:BOX: 11.53
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Boxer Retail Return-on-Tangible-Asset Related Terms
Boxer Retail Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Boxer Retail's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
JSE:BOX vs DDS, M: Return-on-Tangible-Asset Comparison
For the Department Stores subindustry, Boxer Retail's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Boxer Retail Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Boxer Retail's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Boxer Retail's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 15.01% mean?
Boxer Retail (JSE:BOX) has a Return-on-Tangible-Asset of 15.01% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Boxer Retail and its competitors. This is 33% above median its historical median of 11.26. Over the past decade, Boxer Retail's Return-on-Tangible-Asset has ranged from 9.34 to 12.13. According to the industry distribution chart, Boxer Retail ranks #162 out of 1134 companies in the Retail - Cyclical industry, placing it in the top 14.3%.
Is Boxer Retail's Return-on-Tangible-Asset too high?
Boxer Retail's current Return-on-Tangible-Asset of 15.01% is 33% above median its 10-year median of 11.26. Over the past 10 years, this metric has ranged from a low of 9.34 to a high of 12.13. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. Boxer Retail's value of 15.01% is 412.3% above this industry median. Based on the distribution chart, Boxer Retail ranks #162 out of 1134 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Boxer Retail has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Boxer Retail's Return-on-Tangible-Asset compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Boxer Retail ranks #162 out of 1134 companies for Return-on-Tangible-Asset. This places Boxer Retail in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.93. Boxer Retail's value of 15.01% is 412.3% above this benchmark. Historically, Boxer Retail's own Return-on-Tangible-Asset has ranged from 9.34 to 12.13 over the past decade. While the company's 10-year median is 11.26 vs. the industry median of 2.93, Boxer Retail has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.93, based on 1,134 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boxer Retail's current Return-on-Tangible-Asset of 15.01% is 412.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Boxer Retail and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxer Retail's current Return-on-Tangible-Asset is 15.01%, which is 33% above median its own 10-year median of 11.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxer Retail stock overvalued right now?
Boxer Retail (JSE:BOX) has a current Return-on-Tangible-Asset of 15.01%. The current Return-on-Tangible-Asset is 15.01%, which is 33% above median its 10-year median of 11.26 and 412.3% above the Retail - Cyclical industry median of 2.93. Boxer Retail's overall GF Score™ is 18/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Boxer Retail (JSE:BOX), the current Return-on-Tangible-Asset is 15.01% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Boxer Retail Ltd is engaged in the retail of food, health and beauty products, general merchandise and liquor, and additional value-added services, in South Africa and Eswatini. The group has one operating segment, namely Boxer Group which includes all retail operations under the Boxer Superstores, Boxer Build and Boxer Liquors brands selling products such as groceries, general merchandise and liquor.
18GF Score
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